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1 year ago

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Australian BNPL star Zip pulls buyout of rival amid tech rout

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Australian BNPL star Zip pulls buyout of rival amid tech rout

Australian buy-now-pay-later (BNPL) firm Zip Co Ltd dumped a buyout of U.S. rival Sezzle Inc three weeks after declaring the deal on track, a sign of the abrupt pressure on unprofitable fintech firms brought by soaring inflation.

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Australian BNPL star Zip pulls buyout of rival amid tech rout

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Australian BNPL star Zip pulls buyout of rival amid tech rout

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